Budget airline IndiGoNSE -2.16 % has approached the Reserve Bank seeking relaxation in foreign exchange norms regarding use of Indian rupees for onboard sales in international flights.
Category: The Economic Times
Economictimes
UP is on an expressway-building spree. The likely cost: about Rs 1 lakh crore
Uttar Pradesh is in love with expressways, be it any political dispensation in the state. While Mayawati as chief minister championed the case of twin expressways between Noida and Agra, Akhilesh Yadav built the expressway from Agra till Lucknow. Yogi Adityanath is now set to outdo his predecessors.
Breather for solar gear makers
Domestic solar gear makers like Adani Group and Tata PowerNSE 0.14 % Solar finally had a breather in a 12-GW scheme mandating state-run firms to set up projects using local equipment. It also paves way for fresh investments in the sector. The Cabinet Committee on Economic Affairs on Wednesday
Dassault-Reliance kicks off Falcon jet production
NAGPUR: At the heart of the controversy over offsets in the Rafale deal, the Dassault-Reliance facility in Nagpur has kick started production, with the delivery of major components for the Falcon 2000 LX executive jets that are currently being assembled in France.
US approves sale of two missile defence systems for Air India One
The US has agreed to sell two state-of-the-art missile defence systems to Air India One for an estimated cost of $190 million, a move that will enhance the security of planes flying the prime minister
Seaplane services to start at six places: Govt
NEW DELHI: Seaplane and helicopter servicesNSE -0.67 % are planned at six water aerodrome sites including Guwahati, Statue of Unity and Sabarmati river fronts, Parliament was informed on Thursday.
65,000 km highways to be constructed by 2022: Nitin Gadkari
NEW DELHI: Road Transport Minister Nitin Gadkari said on Thursday that 65,000 km of highways will be constructed across the country at a cost of over Rs 5.35 lakh crore by 2022
Oil falls on economic slowdown, but OPEC output cuts offer support
SINGAPORE: OilNSE 1.29 % markets fell on Friday, pulled down by an economic slowdown, although supply cuts led by producer club OPEC and US sanctions against Venezuela provided
Adani Enterprises Q3 profit slumps 72% to Rs 80 crore
New Delhi: Adani EnterprisesNSE -3.47 % Thursday said its consolidated net profit plunged 72 per cent to Rs 80.09 crore in December quarter 2018, on account of higher expenses.
Suzlon Energy loss widens to Rs 40 crore in Q3
New Delhi: Suzlon EnergyNSE -5.06 %’s consolidated net loss widened to Rs 40.07 crore in the December 2018 quarter compared to the year-ago period, mainly due to lower revenues, higher
Kashmir cut off for 2nd day as heavy snowfall disrupts flight services, closes highway
SRINAGAR: Kashmir remained cut off from the rest of the country for the second day on Thursday as the Srinagar-Jammu National Highway remaind closed and flight services were disrupted at the airport here due to heavy snowfall in
Jet Airways raises Rs 250 crore from advance ticket sales to Jet Airways Privilege
NEW DELHI: Cash-starved Jet AirwaysNSE -1.37 % has mopped up Rs 250 crore from advance sale of tickets to its customer loyalty programme Jet Privilege, less than five months after raising money through the same route.